40 More Critical Moments In American Business History

1. 1606: The Virginia Company is formed to seek profit from a new business: American settlement.

2. 1612: John Rolfe plants West Indian tobacco in Virginia, the cash crop that assures the colony’s success.

3. 1614: John Smith, finding no gold, sets his men to fishing for cod off New England, pointing the way to the area’s first economic mainstay. Read more »

10 Moments That Made American Business

How a debt-ridden banana republic became the greatest economic engine the world has ever known

It has been 400 years since European settlement began in what is now the United States. In that time a land occupied by a few million Neolithic hunter-gatherers has been transformed into the mightiest economy ever known, producing nearly one-third of the world’s goods and services. There are few economic sectors indeed, from agricultural exports to jet-aircraft production to entertainment, in which the United States does not lead.

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Technology

The literature pants harder and harder to keep up with the dazof the innovations, but with a gun to my head this for the general reader looking for a short list of Jt are technically sophisticated yet comprehensible and the sense of being highly readable.

Steamboats Come True: American Inventors in Action Read more »

Prime Mover

The Model T Ford made the world we live in. On the 100th anniversary of the company Henry Ford founded, his biographer Douglas Brinkley tells how.

"I will build a motor car for the great multitude,” Henry Ford proclaimed to the public when he announced the machine that would change America and indeed the world. “It will be so low in price that no man making a good salary will be unable to own one—and enjoy with his family the blessing of hours of pleasure in God’s greatest open spaces.”

It was quite a sales pitch. At the time of the Model T’s introduction, on October 1, 1908, the Lord’s pastoral delights remained almost exclusively the domain those wealthy enough to get to them.Read more »

The American Heritage

A ranking of the forty wealthiest Americans of all time (Surprise: Only three of them are alive today)

JOHN D. ROCKEFELLER

1839-1937 Read more »

Engine Of Liberation

What you owe your car (ending the tyranny of the horse is only the beginning of it)

THE AUTOMOBILE IS NOT AN AMERICAN invention. But an industry capable of manufacturing automobiles in vast numbers at prices the common man can afford most certainly is. And it is this invention that changed the world. Read more »

High, Wide, And Handsome

The single best-selling American car isn’t a car at all. It’s a pickup truck. Here’s how it rose from farm hand to fashion accessory.

WHEN CLINT EASTWOOD ROLLS INTO MERYL Streep’s Iowa driveway in The Bridges of Madison County (1995), he is driving a clapped-out 1963 GMC pickup truck. You can safely bet that not one person who saw that movie laughed to see Mr. Eastwood in a pickup instead of a Corvette or a Mustang or some other vehicle that might once have seemed more fitting for a freelance photographer. Contrast this with Cary Grant’s brief stint as a pickup driver in North by Northwest (1959).Read more »

Indy

Every spring thirty million Americans watch the Indianapolis 500. It’s the nation’s premier racing event and the pinnacle of a glamorous, murderous epic that stretches back nearly a century.

May is a month of traditions: of flowers and commencements, of the Kentucky Derby for 117 years and Indianapolis five-hundred-mile races for 81. For an automobile race, Indy is ancient. Back in 1911 it was an all-day affair, as the winner covered five hundred miles in six hours and forty-two minutes. These days winners complete the distance in less than three hours, the same oval unraveling for a driver with the same turns, banks, and exhilarating straights.Read more »

Citizen Ford

He invented modern mass production. He gave the world the first people’s car, and his countrymen loved him for it. But at the moment of his greatest triumph, he turned on the empire he had built—and on the son who would inherit it.

Part One The Creator Read more »

The Greatest American Cars

A leading authority picks the top ten. Some of the names still have the power to stir the blood. And some will surprise you.

Few enterprises for any alleged expert in a given field can be more hazardous than the compilation of a “best” or “worst” list. The undertaking of such an effort immediately invites second-guessing by everyone else with similar credentials and offers the risk that any number of them may give valid, even insurmountable, proof that their selections are superior.Read more »